Gold futures contracts fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the fifth session in six sessions from the lowest since May 19, amid the rebound of the US dollar index for the fourth session in six sessions from its …
Friday, June 7th, today’s news—the Basel Committee on Banking Supervision proposes to tighten capital requirements for banks that own bitcoins and other cryptocurrencies. "Some crypto assets have shown their high volatility and may pose risks for financial institutions as their concentration in the banking sector grows." The price of Brent …
#CAT
The overall trend is upward. The bears are testing the price pivot zone of 225.60 and the lower border of the ascending price channel. Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of …
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